Best Web3 Coins to Buy in 2024

Web3 is already replacing the way we use the internet. We learn about new decentralized technologies every day that work much better than traditional or web2 apps. That said, it is no wonder that finances have joined this trend.

Web3-based finances are typically associated with cryptocurrencies, blockchain technology, and related high-tech advancements. Many people joined the trend by purchasing one of the best web3 coins and making a fortune. If you wish to do the same, you should understand that it’s still not too late to join the game.

Read our guide and jump on the bandwagon by picking one of the coins that best suits your budget.

A Closer Look at the Best Web3 Coins to Invest in

1. Pepe Unchained (PEPU)

We have picked Pepe Unchained ($PEPU) as the overall best Web3 coin in 2024. This meme token leverages the power of blockchain technology to offer scalability, fast transaction speeds, and low gas fees. 

Pepe Unchained is built on the Ethereum layer-two (L2) blockchain, which is highly efficient. Therefore, transactions are processed faster, leading to lower operational costs. This Web3 token also offers high staking APY (Annual percentage yield) to $PEPU token holders. 

At the time of writing, $PEPU can be staked to generate an annual yield of up to 130%. From a total supply of 8 billion tokens, 2.4 billion will be allocated as staking rewards. Another 1.6 billion tokens are being allocated for the ongoing presale. 

At press time, $PEPU is priced at $0.00989 per token. Within a few months since the Pepe Unchained presale launched, the platform has raised more than $16 million. Stay tuned for more updates by reading the Pepe Unchained whitepaper and join the Telegram channel. 

2. Crypto All-Stars (STARS)

Crypto All-Stars ($STARS) is a revolutionary meme platform that allows investors to stake some of the best meme tokens under one roof. $STARS, the native token, is soaring on presale – raising more than $1.8M in just a few weeks. 

One of the key elements of this Web3 ecosystem is the ‘MemeVault.’ – a staking mechanism which will be compatible with some of the best meme tokens such as Dogecoin, Pepe, Shiba Inu, and Floki Inu. 

Thus, Crypto All-Stars looks to garner the attention of holders of the top meme tokens, promising an annual yield in return. The staking rewards will be paid out in $STARS tokens. To incentivize the adoption of the token, investors holding $STARS will get a 3x APY. 

$STARS can also directly be staked on the ecosystem to generate an annual yield of up to 800%. This meme coin has a total supply of 42.069 billion tokens, out of which 20% will be distributed through the presale. 

At press time, $STARS is priced at just $0.001471 per token. For more information, go through the Crypto All-Stars whitepaper and join the Telegram channel. 

3. Flockerz (FLOCK)

Flockerz is one of the best Web3 coins to buy right now thanks to its generous rewards. During the presale, aside from getting the token on a discount, you can stake your $FLOCK to earn over 7,000% dynamic APY. The earlier you lock, the higher the rewards as the APY is dynamic and drops as more tokens are staked.

Once the presale ends, the team will give full control of the project to the $FLOCK token holders. Via the decentralized autonomous organization (DAO), token holders can vote on key decisions like token burns, new features, marketing strategies, and more, to steer the project to success.

Those who vote in the DAO will earn $FLOCK tokens as a reward. For that purpose, 25% of the total token supply has been allocated. This could be the reason why investors are buying the token now, to secure a larger chunk of the voting power.

The project’s tokenomics are straightforward where 25% are allocated for staking rewards and DAO voting. This means that half the tokens will be distributed to early investors and community members. The presale gets a 20% allocation, while the remaining tokens are distributed for marketing purposes and exchange liquidity.

At press time, $FLOCK is priced at just $0.0056785 per token. For more information, go through the Flockerz whitepaper, join the Telegram channel and follow Flockerz on X. 

4. Memebet Token (MEMEBET)

Memebet Token ($MEMEBET) is an ERC-20 token that can be directly wagered on its upcoming decentralized Casino and Sportsbook ecosystem.

By leveraging Web3 technology, Memebet is the only Telegram Casino where players can wager $MEMEBET, the native token, and other popular meme coins on the ecosystem.

By wagering tokens, Memebet will reward you with regular airdrops and prizes. The first airdrop season will be allocated to early-bird $MEMEBET presale investors. After purchasing tokens, investors can wager their holdings and start earning huge rewards.

The more one wagers, the higher the airdrops. Notably, 20% of the entire supply will be distributed through Casino rewards and airdrops.

Another 70% of the $MEMEBET token supply is being distributed through the ongoing presale. Currently, $MEMEBET is priced at just $0.025 per token, with the price expected to increase throughout all 30 rounds.

A community-first meme coin Casino, Memebet will also reward top token holders with NFTs, signed Argentina Football Team jerseys, and cash prizes.

Learn more by reading the Memebet Token whitepaper and joining the Telegram channel. 

5. Sponge V2 (SPONGEV2)

Sponge V2 (SPONGEV2) aims to surpass the success of its predecessor, Sponge V1, which peaked at $100 million in market cap, returning 100x to early investors. Being a meme coin, it gained huge popularity over a couple of months, and Sponge V2 is expected to follow suit.

This web3 crypto token offers high APY. If you stake it using the Ethereum network, you can expect an APY of 171%. Simultaneously, if you choose to stake it on the Polygon network, you’ll get an APY of 395%. The SPONGEV2 coin costs $0.00245. 

Another reason many consider Sponge V2 one of the best web3 coins is the upcoming play-to-earn racing game. This will add further utility to $SPONGEV2, which can positively affect the token price.

Make sure to follow Sponge V2 on X and to join its Telegram channel or Discord server to get the latest updates.

6. ShibaShootout (SHIBASHOOT)

ShibaShootout ($SHIBASHOOT) uses Web3 to create a decentralized and fair ecosystem. This platform is inspired by the world of the Wild West and offers several benefits to community members. 

ShibaShootout strives for decentralization, offering token holders voting rights through its ‘token governance roundups’ mode. Furthermore, it hosts unique storytelling modes, where the most engaging storytellers can win $SHIBASHOOT tokens as a reward. 

Another earning mechanism is the staking contract, which currently offers an APY of up to 1,000%. Token holders can also purchase tickets and enter into lotteries to win further rewards. From a 2.2 billion token supply, 770 million tokens are being distributed through the presale. 

So far, the ShibaShootout presale has raised over $933K in just a couple of months. At press time, $SHIBASHOOT is priced at $0.0198 per token. Stay tuned for more updates by reading the ShibaShootout whitepaper and joining the Telegram channel.

7. Ethereum (ETH)

Ethereum is one of the best Web3 crypto projects and the best crypto 2.0 coin in the market. It has long been the top altcoin to buy, cementing its place behind Bitcoin as the second-biggest token in the crypto space.

Thousands of cryptocurrencies operate on the Ethereum blockchain, many of which are revolutionizing the Web3 space. For example, decentralized exchanges like Uniswap, SushiSwap, Yearn.finance, and dYdX utilize Ethereum.

This means that token swaps, yield farming, staking, and other decentralized services require Ethereum smart contracts. In turn, each smart contract transaction requires GAS fees – essentially Ethereum network/transaction fees, paid in Ethereum’s native token, ETH. Similarly, some of the biggest metaverse projects, including Decentraland and the Sandbox, are built on Ethereum.

8. Ripple (XRP) 

Ripple is an established blockchain project that enables financial institutions to send and receive funds across borders. Its technology not only saves fees and increases speed but also reduces red tape. For example, cross-border payments via Ripple take just 4-5 seconds and average a micro-fraction of a cent.

Although Ripple is aimed at banks and financial institutions, its native token, XRP, is still one of the best web3 coins to buy for traders and investors. This is because XRP offers exposure to the success of Ripple. Hundreds of financial institutions are already using the technology, and additional partnerships are being made frequently.

As such, this web3 coin has a specific use case. In terms of performance, XRP still trades well below its all-time high price of $3.84 and costs $0.6433.

9. Polygon (MATIC)

Polygon is another web3 coin to keep an eye on. The project solves a major issue facing the web3 space – scalability. After all, whether it’s crypto payments, NFT transfers, or metaverse real estate purchases – all transactions must go through the blockchain.

Ethereum, in particular, struggles with the unprecedented amount of transactions required to handle, which causes expensive network fees and slow transactions.

In fact, Ethereum can handle just 30 transactions per second – this is where Polygon comes in, with its layer-2 solution enabling ERC-20 projects to bridge to its network. Not only does this increase scalability to 100,000 transactions per second, but fees are reduced too.

In light of this, more than 200 cryptocurrencies have since bridged to Polygon. Its native token, MATIC, remains one of the largest cryptocurrencies by market capitalization – currently valued at over $10 billion.

10. Uniswap (UNI)

In terms of DeFi projects, Uniswap is one of the best long-term crypto projects and is likely to play a major role in the future of web3. Founded in 2018, Uniswap enables people to access investment services without going through a third party.

At the forefront of this is its automated market maker (AMM) model, enabling users to swap cryptocurrency tokens without needing another market participant.

AMM instead uses liquidity pools that contain equal amounts of two tokens, such as ETH and USDT. Another feature of Uniswap is that users can add tokens to a liquidity pool. In doing so, users earn a share of trading fees.

Uniswap also adopts a governance model, enabling UNI token holders to vote on key proposals. According to CoinMarketCap, Uniswap is the largest decentralized exchange in the market.

11. Cosmos (ATOM)

Cosmos solves another crucial issue facing the web3 era – interoperability. This is because most blockchain networks have their own independent standard. In other words, competing blockchains are unable to share information between themselves.

The project has created the ‘Internet of Blockchains’, enabling data sharing between networks to solve that particular issue.

Moreover, Cosmos is a highly efficient blockchain. The project notes that transaction times average just seven seconds at a fee of $0.01. Cosmos is backed by ATOM, its native token. Those holding ATOM can stake their tokens directly on the Cosmos blockchain.

ATOM’s current price is $12.15, and its market cap is $4.7 billion. The token can be staked on various platforms, and APY is within the 16-18% range.

What are Web3 Crypto Coins?

Web3 coins are cryptocurrency projects that offer exposure to the Web3 era. This refers to the next generation of the internet and incorporates a wide range of emerging technologies that includes everything from NFTs, blockchain, and smart contracts to 5G, artificial intelligence, and the metaverse.

That said, people buying web3 coins do so mostly for speculative reasons. If the chosen web3 crypto project takes off, it can lead to price appreciation, with the investor making a huge financial return.

Are Web3 Coins a Good Investment?

This section explores whether web3 tokens represent a viable long-term investment.

Invest in Web3 Pureplays 

Those wishing to gain exposure to web3 can do so in various ways. This includes stocks involved in web3 technologies, such as 5G and machine learning.

However, there are very few web3 pureplays on the stock market. Rather, most of the web3 stocks are largely involved in other areas. For example, Launchpad XYZ is building a decentralized portal that will enable consumers to seamlessly invest in different web3 products, such as NFTs, crypto presales, and fractionalized real estate.

Similarly, DeeLance offers exposure to the future of employment in the web3 area. It has developed a decentralized marketplace that connects freelancers and recruiters. Payments are made in crypto via smart contracts, ensuring speed, cost-effectiveness, and transparency. Moreover, work submitted to recruiters can be backed by NFTs, proving ownership on the Ethereum blockchain.

First-Mover Advantage

Seasoned investors will focus on new and emerging technologies before they take off, such as people who invested in Apple or Microsoft during the 1980s.

The same applies to investing in top web3 coins. While the risks are high, the rewards can be significant because investments are made before a particular web3 project becomes fully functional and its crypto coin explodes in price.

Ideal for Diversification Strategies 

Web3 coins are ideal for diversification strategies, considering the number of active projects in this space. After all, while it is likely that many web3 tokens will fail, it only takes one to take off to see sizable returns. That said, the best way to build a diversified portfolio is to cover various niches within the web3 space.

Things to Bear in Mind Before Buying Web3 Coins

Here’s what to consider before investing in web3 crypto projects:

• Diversification. There is no universally accepted view of what web3 will look like in the future. This is because the concept is still in its early stages, making diversification more important than ever.
• Price fluctuation. Web3 coins operate in a highly volatile market, and investors should always be aware of significant price fluctuations.
• Token utility. It’s wise to focus on the best utility tokens within their respective ecosystems. This means that the coin should serve a specific purpose.
• Affordable investments. Some of the best web3 coins are brand-new projects that have just entered the market. While this increases the risks, new web3 coins generally offer the lowest cost price.

Web3 Crypto Price

Like any other asset, the value of web3 coins increases and plummets based on market demand. In other words, tokens need to attract more buyers than sellers to appreciate in value.

The value of web3 coins is often dictated by broader sentiment. For example, during the bull market, many web3 crypto projects witness rapid growth without appropriate market demand. On the flip side, many coins sank during bear phases despite the stable market demand.

Note that new cryptos and presale projects like Pepe Unchained are yet to trade on public exchanges as presales collect funds from investors in a private setting. The tokens will be listed on exchanges after the presale concludes.

Conclusion

Many investors have already joined the web3 space, believing that purchasing the best web3 coins at this early stage would bring them significant profits in the long run. And they are most likely right. Considering the profits that web2 brought to early investors, purchasing web3 crypto coins at this moment appears to be a solid investment opportunity.

That said, we particularly like the promising future of Pepe Unchained ($PEPU). Among other things, this new web3 coin offers low gas fees, fast transaction speeds, and high staking rewards to token holders. 

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